Well you may have noticed that Jeremy started a stock competition. It looks like fun so I decided to give it a whirl.

The first thing I had to decide was how I was going to go about managing my portfolio. Jeremy is going with a balanced approach of holding some reliable stocks and taking a gamble on Novell, but that seemed too conservative for someone playing to win, so I decided to play like a lunatic instead.

I went into my spam filter folder and hunted for the first stock recommendation spam I could find: ORTE. I then bought $480,000 in ORTE.

Hey, the email wouldn’t lie, right?

Incidentally, the stock rose from $0.20 to $0.60 between the 21st, when the email was received, to today. Looks like some people actually do invest their hard-earned, real money in stock tips sent to them in unsolicited emails.

This entry was posted on Thursday, May 26th, 2005 and is filed under Stock Competition. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.